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e-invoices

Taxation authority urges the implementation of e-invoices created from cash registers

Taxation authority urges the implementation of e-invoices created from cash registers

The General Department of Taxation requires effective implementation of tax management for electronic commerce activities (e-commerce) and electronic invoices (e-invoices) initiated from cash registers.
Tightening management of purchase and sale of e-invoices to evade taxes

Tightening management of purchase and sale of e-invoices to evade taxes

GDT would urge and speed up the implementation of electronic invoices with the tax agency''s code initiated from cash registers nationwide in the coming time, said Pham Quang Toan, head of the GDT''s IT Department.
HCM City speeds up use of invoices generated from cash registers

HCM City speeds up use of invoices generated from cash registers

The municipal Department of Taxation has been directed to collaborate with departments, sectors, the people’s committees of Thu Duc City and districts, and relevant units to put the scheme into action.
Action taken to boost the generation of e-invoices from cash registers

Action taken to boost the generation of e-invoices from cash registers

Generating e-invoices from cash registers was convenient for taxpayers. It also supports tax authorities in having database of goods and services transactions to serve the tax management and combat frauds and tax evasion.
VN to force retail establishments in some sectors to generate e-invoices from cash registers

VN to force retail establishments in some sectors to generate e-invoices from cash registers

When the technical infrastructure and capacity were upgraded to meet the demand, the regulations about issuing e-invoices from cash registers must then be made compulsory together with the introduction of punishments for violations
Pessimistic outlook for tax collection towards year end

Pessimistic outlook for tax collection towards year end

Digital transformation has facilitated tax payment, giving a boost to tax revenues over the year. However, global economic uncertainties continued to depress Viet Nam''s economy and offset the technological impact.
Businesses eager to use e-invoices

Businesses eager to use e-invoices

As many as 263,182 businesses registered to use e-invoices after one month of piloting e-invoices in six provinces and cities, accounting to 71 per cent of the total enterprises and organisations in the localities, according to the General Department of Taxation...
Six cities and provinces to pioneer in use of e-invoices

Six cities and provinces to pioneer in use of e-invoices

The move aims to help clamp down on tax fraud by using a big data system able to handle a large number of transactions.
Ha Noi firms to apply tax e-invoices

Ha Noi firms to apply tax e-invoices

All businesses in Ha Noi will switch to e-invoices as of late September, according to the capital city’s Taxation Department.
93 per cent of HCM City enterprises use tax e-invoice

93 per cent of HCM City enterprises use tax e-invoice

The number of firms in HCM City using e-invoices has skyrocketed this year due to their convenience and low cost.
Electronic invoicing needs detailed guidelines

Electronic invoicing needs detailed guidelines

Among the most crucial tasks to be completed is providing businesses with guidelines on how to issue and use e-invoices and across-the-board implementation among key State agencies such as the Tax Department, the State Treasury, the Vietnam Directorate of Market...
Decree promotes the use of e-invoices

Decree promotes the use of e-invoices

Sellers of goods and service providers must provide buyers with e-invoices with a standard data format regulated by the Ministry of Finance, according to a Government decree issued recently.
Vietnamese firms using e-invoices reach 9,000

Vietnamese firms using e-invoices reach 9,000

The number of Vietnamese firms using e-invoices has skyrocketed from roughly 800 in 2016 to over 9,000 to date, according to the General Department of Taxation (GDT).
Taxation authorities propose delaying e-invoices till July 2019

Taxation authorities propose delaying e-invoices till July 2019

The General Department of Taxation (GDT) is considering asking the Ministry of Finance to postpone the compulsory application of e-invoices until July 2019, instead of early next year.
Firms wary of switch to e-invoices

Firms wary of switch to e-invoices

The Ministry of Finance is drafting regulations on e-bills and will ask the Government to set a deadline of July 2018 for businesses to switch over from paper. But local businesses say they don’t have the information technology resources to meet...